Check out this curated selection of new stories featuring New York Life and our people:  

1/30/23
Financial Times

Candriam boss Naïm Abou-Jaoudé named CEO of New York Life Investment Management

"...Abou-Jaoudé, who has been CEO of Candriam for the past 16 years, will join New York Life Investment Management in May. He takes over the top job from Yie-Hsin Hung, who left to join State Street Global Advisors as CEO in December. He will relocate from London to the US..."

1/26/23
Forbes

This Week In credit card news: A beneficial change In credit scoring; big banks to develop new digital wallet

"...When it comes to credit card debt, Generation X may be struggling the most. The average amount owed by people in that cohort is $7,004, according to a new report from New York Life. That compares with $6,785 for baby boomers, $5,928 for millennials and $2,876 for Gen Zers..."

1/26/23
ChalkBeat

Thousands of NYC students lost parents to COVID. Many aren’t getting the help they need

"...In 2018, some city schools began to participate in the "Grief-Sensitive Schools Initiative," a national program to train educators to recognize signs of grief and potential triggers, and improve access to relevant services. In 2019, it tapped Schonfeld and the New York Life Foundation to offer that training to all city schools..."

1/23/23
CNBC

Generation X carries the most credit card debt, study shows. Here's how to get those balances down

"...When it comes to credit card debt, Generation X may be struggling the most. The average amount owed by people in that cohort is $7,004, according to a new report from New York Life..."

1/20/23
Motley Fool

Survey finds men saved over twice as much money as women in 2022

"...'Of the 53 million Americans serving as caregivers, 61% of them are women as reported by AARP in 2020,' said Suzanne Schmitt, Head of Financial Wellness at New York Life in the news release for the Wealth Watch survey..."

1/19/23
ABA Banking Journal

Survey: Many Americans missed savings goals in 2022

"...U.S. adults sought to save an average of $5,437 in 2022 but ultimately saved $5,011 on average, according to a new survey by insurer New York Life..."

1/19/23
Insurance Innovation Reporter

New York Life names CEO and President Craig DeSanto Chairman of the Board

"...Craig DeSanto, who will be the company's 14th Chair since the position was established in 1931, will succeed current Chair Ted Mathas who retired as New York Life's CEO last year after serving in the role for 14 years. DeSanto assumed New York Life's CEO position on April 16, 2022 and has served as a member of the company's Board of Directors since February 2021..."

1/19/23
Go Banking Rates

Survey finds 54% of Americans hit savings goals in 2022 - will they surpass average $5,011 in coming year?

".... While Americans continue to experience the challenges presented by inflation and a potential recession, New York Life's latest Wealth Watch survey found that 66% of American adults are confident in their ability to reach their financial goals, and 1-in-3 feel hopeful about their finances at the end of 2022 going into 2023, reflecting similar levels of confidence reported this time last year..."

1/17/23
CBS News

4 times adults should have life insurance

"Having a life insurance policy is especially important if your spouse relies on your income, as it gives them funds they can use to support themselves in your absence. 'If anyone depends on your income, you should consider purchasing life insurance,' says Amanda Kuhl, senior vice president, head of life products at New York Life Insurance."

 

1/17/23
Marketplace

Why consumers are pulling back on spending

"...'While it's constructive for the economy that consumers are still getting out there - they're still spending - much of this higher figure is reflecting a higher inflation number,' said Lauren Goodwin, an economist at New York Life Investments..."

1/17/23
Marketwatch

Why U.S. investors can’t afford to ignore Wednesday’s BOJ meeting

"...Lauren Goodwin, economist and portfolio strategist at New York Life Investments, sees some eerie parallels between Japan and the bond-market crisis thatgripped the U.K. last year. Suddenly soaring yields on U.K. government bonds, known as gilts, pushed a number of pension funds that had relied on derivative-based strategies to the brink of insolvency, a disaster averted after the Bank of England stepped in with an emergency bond-buying program..."

1/14/23
Barron's

2 Annuities that are worth a look now

"...By contrast, the return on the MYGA is completely linked to interest rates, says Todd Taylor, head of retail annuities for New York Life. Insurers invest in corporate bonds to finance MYGAs, and as bond rates have risen so have MYGA payouts. New York Life is offering three-year MYGAs yielding 4.05%, up from 1.75% a year ago..."

1/13/23
CNBC

Dow closes 100 points higher, S&P 500 and Nasdaq notch best week since November

"...'You don't have to agree with the Fed's policy to believe them,' said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. Goodwin pointed out that the overwhelming majority of Fed voting members were projecting a Fed funds rate 5% or higher this year in the last meeting. And given the concern some central bankers have expressed about the consequences of pausing too soon, they may be determined to hit that mark.'..."

1/11/23
CIO

8 top priorities for CIOs in 2023

There must be open, transparent, and collaborative working sessions to create alignment on how technology capabilities can be deployed to meet enterprise goals, states Bill Cassidy, CIO at New York Life Insurance. 'All participants need to demonstrate strong communication skills, including effective listening, to properly weigh the pros, cons, and tradeoffs of one path of execution versus another,' he adds..."


1/10/23
BNN Bloomberg

U.S. stocks edge higher in quiet session as bonds slide

"...'Monetary and fiscal policymakers are unlikely to step in to support faltering economic growth due to the widely held understanding that policy support has contributed to today's challenging inflationary environment,' said Lauren Goodwin, portfolio strategist at New York Life Investments. 'As a result, we expect headline market outcomes this quarter to be rangebound and volatile'..."

1/6/23
Wall Street Journal

CIOs contend with pushback on AI rollouts

"...But tapping AI can be 'a fool's errand if you don't have sufficient data to build a model,' said Alex Cook, New York Life Co.'s head of strategic capabilities. It is a trap he has seen many fall into over the years, he added..."

1/6/23
Go Banking Rates

Is recession a self-fulfilling prophecy? Moody's Mark Zandi thinks so

"...'Jobs related to economic reopening have fared well in terms of employment status and wage growth, especially for lower income workers' Lauren Goodwin, an economist and portfolio strategist at New York Life Investments, wrote in an email to GOBankingRates..."

1/6/23
Seattle Medium

Advocates urge educators to heed bereft children’s cry for help by changing school culture

"...Maria Collins, vice president of New York Life Foundation, one of the largest funders of childhood bereavement in the U.S., said in an interview that only 15% of educators surveyed in 2020 stated that they had received training in childhood bereavement. However, 95% of educators indicated they 'would like to do more to help grieving students'..."

Q4 2022
Profiles in Diversity Journal

Martin King, Managing Director of NYL Investors LLC, honored by Profiles in Diversity Journal with an International Black Leadership Award.

"Life is all about how you treat people"—Martin King, Managing Director of NYL Investors LLC

12/29/22
Employee Benefit News

4 ways employers can build meaningful connections in a post-pandemic workplace

"...According to recently released research by New York Life Group Benefit Solutions, employers are beginning to reevaluate pandemic-era policies, resulting in growing discontentment within the workforce. In fact, our research found that employees are less likely to feel appreciated than their employers suspect, with 48% of employers saying their employees feel appreciated while just 30% of employees agree with that sentiment..."

12/29/22
Amsterdam News

Advocates urge educators to heed bereft children's cry for help by changing school culture

"...Maria Collins, vice president of New York Life Foundation, one of the largest funders of childhood bereavement in the U.S., said in an interview that only 15% of educators surveyed in 2020 stated that they had received training in childhood bereavement. However, 95% of educators indicated they "would like to do more to help grieving students." The foundation created the Grief-Sensitive Schools Initiative (GSSI) in 2018 "to better equip educators and other school personnel to support grieving students." Schools that join the initiative are eligible for a $500 grant and opportunities for free grief training conducted by Dr. David Schonfeld, a developmental-behavioral pediatrician and director of the National Center for School Crisis and Bereavement at Children's Hospital Los Angeles. Collins said more than 3,900 schools have joined the initiative..."

12/27/22
Wall Street Journal

CIOs in 2023 want to know: Who's got talent?

"...Others hope that a shifting economy could provide some relief in the talent market. Layoffs at startups are making the prospect of working for established, stable companies more attractive, said New York Life Co. Head of Strategic Capabilities Alex Cook. Mr. Cook said he’s already starting to see the impact as some employees that left for technology insurance startups boomerang back..."

12/20/22
Mesa Tribune

Kerry Matthews named to Forbes' Top Financial Security Professionals Best-in-State List 2022

"...A New York Life agent for 7 years, Matthews received this recognition for helping her clients in a world in which wealth preservation and protection matter more than ever..."

12/20/22
Mashable

New Minecraft server helps grieving kids feel less alone

"...She lobbied for the server to become a space that focused on fun and connection while embodying Experience Camp values like kindness, respect, and being yourself. Everyone involved in creating the server had a similar goal, says Courtney Dubin, chief program officer of Experience Camps. (The project is supported by a $100,000 grant from the New York Life Foundation.)..."

12/19/22
Go Banking Rates

How to financially cope when even 47% of six-figure incomes are living paycheck to paycheck

"...According to New York Life's Wealth Watch survey published in August, 36% of people said they had withdrawn an average of $617 from their savings during the first six months of 2022 in order to keep up with rising costs. It's critical to get back on track with saving..."

12/15/22
Wall Street Journal/CIO Journal

The Morning Download: CIOs Share Their Takes on Blockchain. 'Harder Than We Expected.'

"...I think the industry has been looking for a wider use case for blockchain for quite some time...But blockchain is an interesting technology, because adoption needs sort of critical mass of participants to get in, by definition, and we just haven't seen the adoption. But I don't think that path is dead. And eventually, it might become viable. So we'll continue to track it. Bill Cassidy, chief information officer, New York Life Insurance Co..."

12/14/22
New York Times

Markets rise as investors bet on a shift at the Fed

"...'As significant as this deceleration in rate hikes is, the fact they will remain restrictive in the coming months means the economy is still likely to slow,' Ms. Goodwin said..."

12/14/22
The Hill

5 ways inflation is shaping the economy 

"In a recent survey by insurer New York Life, 36 percent of respondents said they had drawn down their savings in the first half of the year. Many more consumers will tap savings to finance holiday gifts and eggnog parties."

12/13/22
Money

How to save for retirement — even if you’re still paying off debt

Debt repayment is an increasingly common standard line item in the monthly budget. About two-thirds of Americans carry debt, according to a Wealth Watch survey from mutual life insurance company New York Life. Credit card debt, home loans and auto debt are the most common, the survey found.

12/12/22
Industry Moves

Morningstar upgrades four Oz equity strategies

"The Ausbil Australian Active Equity fund and the DNR Capital Australian Emerging Coms fund were upgraded from Bronze to Silver, while the SGH ICE and the UBS Australian Small Companies Fund were upgraded from Silver to Gold."

12/9/22
Investment Week

Deep Dive: Healthcare stocks act as last wall of defensiveness in volatile market

"Rudi Van Den Eynde, head of thematic global equity at Candriam, called it a "safe haven" in turbulent times, and pointed to 2022 as evidence of that."

12/8/22
Citywire Australia


Ausbil CEO to retire

"...Ausbil noted it would search for a head of global distribution to implement its domestic and international distribution strategy. It said it would continue to build its profile in Australia and internationally including the US and Europe..."

12/5/22
Montclair Local

Montclair students and parents ask for support on grieving.

"...According to the Childhood Bereavement Estimation Model, one in 13 children in the U.S. will experience the death of a parent or a sibling by the age of 18. The model was developed by bereavement groups the New York Life Foundation and Judi's House/JAG Institute..."

12/3/22
Motley Fool

37% of investors are putting more money into cash. Should You?

"... For some, those losses are substantial. It's not all that surprising, then, to learn that 37% of investors have moved more money into cash over the past six months, according to New York Life's latest Wealth Watch survey..."

12/1/22
Nasdaq

IndexIQ rings the Nasdaq Stock Market Opening Bell.

"...In honor of the occasion, Salvatore Bruno, Chief Investment Officer of IndexIQ, rings the Opening Bell..."

11/30/22
Livewire

Ausbil's five sectors for dividend growth in 2023 (and Materials isn't one of them)

"...Speaking of 2023 outlooks, Ausbil released its 2023 investment outlook for the ASX yesterday. Michael Price , portfolio manager of the Ausbil Active Dividend Income fund, points out that next year will be flat for dividend growth given the resources sector has probably paid out the peak of its payouts in this cycle..."

11/29/22
Citywire

Revealed: The best (and worst) performing regions for sustainability.

"...Candriam 's 2022 sovereign sustainability report has placed Denmark as the most sustainable country out of the 123 assessed, the asset manager has announced. Using its own proprietary model, Candriam ranked Denmark highest overall across four core pillars..."

11/28/22
Staffing.com

New life for EAPs: How digital employee wellness benefits are meeting the moment.

"Maria Mauceri, Vice President and Actuary in Human Resources at New York Life Insurance Company, tells Staffing.com that it’s “actually difficult to overstate the benefits,” of the company’s traditional EAP, which is provided through LifeCare. “In 2021, employees self-reported saving an average of 14 hours’ productivity per request using LifeCare’s services,” she says. “That’s nearly two work days of productivity saved. For the same year, 93% of respondents reported increased productivity, 94% reported reduced stress, and 58% reported increased loyalty to the company after using LifeCare’s services.”"

11/28/22
The 74

Historic rise in child bereavement as COVID, drugs and guns claim parents’ lives.

"It wasn’t just COVID, we were seeing increases across the board,” said Michaeleen Burns, clinical director of Judi’s House, at a Nov. 1 event hosted by the New York Life Foundation."

11/28/22
Wall Street Journal


Life-Insurance payouts hit record $100 billion in 2021.

"In Tulsa, Okla., New York Life Insurance Co. agent Vickie Ford said that in 2020 and 2021, she helped about five families with claims paperwork for deaths tied to Covid-19. That was about half of the overall deaths for her office. Payments to beneficiaries ranged from $92,000 to $206,000."

11/20/22
Financial Advisor


Most Americans are more nervous about their financial future than ever before, survey says.

"...More than half of adults nationwide say they are more nervous about their financial future now than ever before, according to a recent New York Life survey. Moreover, some two-thirds report they are currently in debt, with credit card debt being the top reason. And of those in debt, 58% say their debts are preventing them from reaching their financial goals..."

11/18/22
Reuters


US STOCKS-S&P 500 ends higher, led by defensive shares.

"...'Markets are in a bit of a holding pattern" ahead of employment and other economic data, said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. 'What is driving all equities of course is Fed policy and the gravitational force that rising interest rates have on the equity complex as a whole,' Goodwin said. 'We are not likely to see any real evidence in terms of potentially declining wage pressure or inflation pressure for another couple of weeks'..."

11/17/22
CNBC

Watch CNBC’s full interview with Trivariate’s Adam Parker, Hightower’s Stephanie Link and NY Life Investments’ Lauren Goodwin.Trivariate’s Adam Parker, Hightower’s Stephanie Link and New York Life Investments’ Lauren Goodwin join ‘Closing Bell: Overtime’ to discuss their market outlook, rallies and companies reporting after the bell.

11/17/22
Reuters

Analysis: Political gridlock may help U.S. stocks but inflation still in driver's seat.

"...For the economy and markets it is policy that drives outcomes, rather than politics,' said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. A split government 'makes major policy changes unlikely, and that stability in policy tends to be reassuring for investors'..."

11/16/22
The Daily Herald

Children's grief program grant will help schools.

The Healing Patch Children’s Grief Program announced a $20,000 Grief Reach Grant from the New York Life Foundation, administered by the National Alliance for Children’s Grief, to ensure that school communities have information and dedicated bereavement resources to meet the needs of grieving children and their families. 

11/15/22
BNN Bloomberg

Video: Finding opportunity in sectors such as energy, financials and fixed income: Top strategist.

Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg for her view on markets. Goodwin says volatility is set to continue and is finding opportunity in the Energy and Financials sectors. She also provides her view on crypto volatility amid the FTX fiasco.

11/11/22
Money

It’s getting even harder to save for retirement. Here’s what you can do.

"In a New York Life Wealth Watch survey, a total of 65% of Americans reported cutting back on their short-term spending, because of inflation, to keep up with their long-term financial goals. Expenses like travel, eating out and having more children are ending up on the back burner because people are worried about saving enough to retire"

11/10/22
USA Today

CPI report: Inflation moderates in October, but consumers won't feel much relief. Here's why.

"36% of adults have taken on more debt due to changing interest rates, and 89% who took on more debt due to changing interest rates say this is having an impact on their longer-term financial plans, a New York Life survey of 4,400 adults last month showed on Wednesday..."

11/9/22
InvestmentNews

Anxious Americans raising cash, adjusting portfolios: New York Life.

More than half of adults surveyed expect their living expenses to be higher in the second half of 2022 than the first, and 61% say they’re more nervous about their financial futures now than ever before, according to New York Life’s latest Wealth Watch survey released Wednesday. 

Clinton Public School District receives community impact grant from New York Life .

11/8/22
Clinton Courier

Clinton Public School District receives community impact grant from New York Life .

Thomas also recognized Sumner Hill’s recent receipt of a $12,000 community impact grant from The New York Life Insurance Company, which had donated to the school’s “All Pro Dad” project, which emphasizes the importance of strong paternal relationships in the home and provides resources for fathers of Sumner Hill students.

11/7/22
Advisor Magazine

Reshuffling income strategy.

"With inflation at levels today not seen in the United States since 1982, many are withdrawing from savings to help pay for the increased costs of daily expenses. In fact, New York Life’s most recent Wealth Watch survey in August 2022 found that some adults have unexpectedly tapped their savings accounts to cover the higher costs of goods and services this year – to the tune of nearly $1,800."

11/7/22
Travel Awaits

3 New balloons at this year's Macy's Thanksgiving Day Parade - plus who will perform.

"Performers include Joss Stone on Heartwarming Holiday Countdown by Hallmark Channel; Dionne Warwick on Toy House of Marvelous Milestones by New York Life; and Jimmy Fallon & The Roots on Winter Wonderland in Central Park..."

11/4/22

Reuters

Fed and BoE dismantle sterling rate support.

"...'The implications are that the BoE has done the majority of what they feel they need to do and we may not even see a 4% handle on the base rate,' said Candriam fund manager Jamie Niven. 'Given underlying economic challenges for the UK and the lag in the impact of recent hikes, I tend to agree. The stark contrast to the tone of the Fed last night is notable'..."

11/2/22
Equisoft

Video: The Future of InsurTech with One of the Industry's First Venture Capitalists.

"...One of the industry's first venture capitalists and SVP & Head of New York Life's NYL Ventures, Joel Albarella unearths the secrets of innovation and how New York Life is growing despite being around for more than 100 years..."

11/1/22
Training Magazine

Training APEX Awards Best Practice: New York Life’s Technology Learning Stipend Program.

"The redesigned training provides a learner-driven, on-demand platform for technology education with a focus on future skills needed to enable the business’ success."

10/27/22
Insider Monkey

11 best stocks for beginners with little money

"...Lauren Goodwin, economist and portfolio strategist at New York Life Investments, noted that corporate earnings have not priced in the weak economic activity. Goodwin stated that there is more volatility in the market ahead, given that primary economic indicators have not bottomed yet..."

10/25/22
Afterschool Snack

"I want every girl to know that her voice can change the world": An interview with Girls Empowerment Network.

"...We spoke with Ami Kane, Deputy Director at the Girls Empowerment Network, to discuss how the Spark Change Project is empowering girls to become advocates for the issues that matter the most to them and strengthening critical supports for their students with help from the New York Life Foundation's Aim High grant program..."

10/24/22
RankiaPro

Candriam launches global metaverse fund.

The fund is the latest addition to Candriam’s expanding thematic equity platform, which has over $9 billion of assets under management across 13 funds, focused on harnessing the growth potential of structural long-term megatrends including health, environment, technology and demographics. The Meta Globe Fund is classified as Article 8 under the Sustainable Finance Disclosure Regulation.

10/2/22
US News and World Reports

Is it time to invest in municipal bonds?

"...Still, given municipals' long track record of stability, are there constructive reasons to come back home to these investments? Some experts, like Scott Sprauer, managing director at MacKay Municipal Managers and portfolio manager of the MainStay MacKay municipal bond funds, believe there are a variety of reasons why investors should take a second look at municipal bonds no...."

10/20/22
US News and World Reports

Is it time to invest in municipal bonds?

"...Still, given municipals' long track record of stability, are there constructive reasons to come back home to these investments? Some experts, like Scott Sprauer, managing director at MacKay Municipal Managers and portfolio manager of the MainStay MacKay municipal bond funds, believe there are a variety of reasons why investors should take a second look at municipal bonds no...."

10/19/22
Multi-Housing News

Legacy Partners JV secures $107M for Redmond redevelopment.

"...Legacy Partners has secured $107.3 million in construction financing after recently starting construction on the second phase of its project to redevelop Redmond Square Shopping Center. New York Life Real Estate Investors provided the financing to Legacy Partners, along with its joint venture partner, Lionstone Investments, for the Eastmark Central project..."

10/18/22
CNBC

US Treasurys 10-year Treasury yield holds near 4% in volatile trading.

"...'That tipping point is coming, likely in the form of a first pivot towards a slower pace of policy rate increases,' Lauren Goodwin, economist and portfolio strategist at New York Life Investments, said in a note on Tuesday..."

10/14/22
Benefits Pro

The Great Reshuffle offers opportunities to protect clients’ income.

"...New York Life's Wealth Watch survey found that Millennials and Gen Zers are expressing interest in working with a financial professional to develop a financial strategy and bolster savings..."

10/13/22
Bloomberg

Nigeria's Debt revamp proposal sends bonds deeper into distress.

“Nigeria has many policy areas that need addressing before a Eurobond restructuring should be discussed,” said Philip Fielding, co-head for emerging-market debt at Mackay Shields UK LLP, which has $132 billion under management and owns Nigerian bonds. “Nigeria’s external debt burden is very low compared with other emerging markets and reducing that through a restructuring would likely not address the main macroeconomic problems.”

10/13/22
BNN Bloomberg

Focus on portfolio resiliency in the next couple quarters instead of waiting for a bottom: Goodwin.

"...Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to discuss what she sees as the probability of a recession and a soft landing as key inflation data in the U.S. emerges this week..."

10/12/22
Money Wise

Nearly half of Americans earning more than $100K now report living paycheck to paycheck - here are the consequences.

"...And in life insurance company New York Life's Wealth Watch Survey, respondents said they dipped into their savings just to cover their basic everyday expenses - taking out an average $616.73..."

10/10/22
Motley Fool

The Bitcoin price just tumbled back below US$20,000. What's happening?

"...Just what is a 'safe asset' now? asks Lauren Goodwin, economist and portfolio strategist at New York Life Investments. 'Tumult in the U.K.'s government bond market was just one example of cracks in global financial stability' lately, she says. 'Traditionally 'safe haven' strategies such as cash and government bonds create a drag on total return when inflation is this high.' One choice: defensive or high-quality 'value' stocks with strong dividend yields..."

10/7/22
Wall Street Journal

Investing Monthly (A Special Report) —Quarterly Monitor: Stock Funds Down 24.8% in 2022.

"...Just what is a 'safe asset' now? asks Lauren Goodwin, economist and portfolio strategist at New York Life Investments. 'Tumult in the U.K.'s government bond market was just one example of cracks in global financial stability' lately, she says. 'Traditionally 'safe haven' strategies such as cash and government bonds create a drag on total return when inflation is this high.' One choice: defensive or high-quality 'value' stocks with strong dividend yields..."

10/5/22
Bloomberg 

Volcker lesson to generation QE: Stock recoveries can take years.

"...But what might matter most today is how long the Fed maintains higher interest rates, according to Lauren Goodwin, economist and portfolio strategist at New York Life Investments. 'If we see the Fed hold those higher interest-rate levels, I believe it will be more challenging or slower for risk assets to reach their previous peaks,' she said in an interview..."

10/4/22
Youth Today

Afterschool programs mobilize in wake of mass shootings

"Schonfeld has worked with the New York Life Foundation on developing grief training materials for teachers. Schools that participate received a grant to help cover the costs of training. Currently, the foundation is working on tweaking the training for out-of-school time program staff and hopes to launch a pilot sometime next year.  "

10/4/22
Bloomberg Law

New York Life Insurance taps McDonnell as new general counsel.

"...New York Life Insurance has promoted Michael McDonnell as its new general counsel, the company announced Wednesday..."

10/3/22
ThinkAdvisor

Our people can keep retirement savers on course: Dylan Huang.

"We have been putting our financial and other corporate resources behind organizations and initiatives aimed at creating opportunities and promising futures for people from all walks of life, as well as addressing the economic and societal inequalities that have become increasingly apparent."

10/1/22
Broadway World

THE HERO ART PROJECT honoring healthcare heroes launches nationally.

"The HERO ART PROJECT, portraits of healthcare heroes lost in the line of duty during the pandemic, rolls out its national launch this fall with an exhibit on the National Mall and additional exhibits planned for New York (October), Miami, Texas, Georgia, New England, and the West Coast...The exhibit was made possible by grants from The Brave of Heart Fund and E4E Relief..."

9/30/22
TheStreet

Americans are living paycheck to paycheck.

"...Meanwhile, a recent report from New York Life found that as inflation drives the cost of living higher, American adults report drawing an average of $616.73 a month from their savings to cover higher everyday costs..."

9/29/22
PlanSponsor

Investment product and service launches.

"New York Life has announced the launch of Wealth Plus, which comprises two new life insurance solutions. The Wealth Plus series seeks to provide death-benefit protection and early, tax-advantaged cash value accumulation potential, enabling clients to maximize the benefits of life insurance as part of their financial strategy. The solutions can work alongside traditional retirement savings options by combining the protection of a death benefit with tax-efficient accumulation potential, future tax-free supplemental retirement income and an expedited application process. The two solutions, Secure Wealth Plus and Market Wealth Plus, are designed to help give policy owners the opportunity to accumulate wealth in a more efficient, tax-advantaged way, while accommodating their risk tolerance."

9/28/22
Insurance Newsnet

5 steps to increase diversity, inclusion in the financial services industry.

Serving diverse communities has been and will continue to be a great source of sales growth for insurance carriers, said Ali Agha, senior development manager with New York Life Insurance Company’s Brooklyn General Office. Generally speaking, he added, members of these communities typically don’t have adequate access to financial advice, and are, on average, more likely to be under-insured or uninsured.

9/27/22
International Advisor

US life insurer unveils wealth accumulation products.

"Insurance provider New York Life has released a pair of life solutions within its Wealth Plus range, designed to provide death benefit protection as well as early, tax-advantaged cash value accumulation potential."

9/26/22
UC Davis Health

Children’s Virtual Bereavement Art Group starts in October.

The UC Davis Child Life and Creative Arts Therapy Department will host “Remembering Together: Virtual Bereavement Art Group,” focusing on grief and processing loss through self-expression and art for children and teens next month...The group is funded by New York Life and is provided free of charge to the public."

9/23/22
New York Times

The Fed Appears More Optimistic Than Some Investors. Here’s Why.

"...Yet not everyone agrees with what the market is pricing in. Goldman Sachs's forecasts align closely with the Fed's and the bank's analysts predict interest rates will remain elevated throughout next year, with inflation proving difficult to contain. Lauren Goodwin , an economist at New York Life Investments, said that she also expected inflation to remain too far away from the Fed's longstanding target of two percent for the central bank to consider cutting interest rates. Instead, Ms. Goodwin said, it is the market's hope for lower rates that is 'optimistic and I think too optimistic'..."

9/21/22
Bankrate

The U.S. economy could be at stake when Fed interest rates rise above this crucial level.

“Outside of the housing market, there’s not a tremendous amount of evidence that rate hikes to date are slowing the economy,” says Steve Friedman, macro economist and managing director at MacKay Shields, a former vice president at the New York Fed. “It does raise the question of whether they need to take rates even further into restrictive territory.”

9/20/22
Barron's

These are the top independent advisors and RIAs. How to pick the right one.

"...women aren’t just filling a perceived gap in the advice industry; they’re also positioning themselves to gain business from a segment of the population that’s poised to get a lot richer. Over the next four decades, women will inherit a projected $28.7 trillion, according to a study by New York Life Investments." 

9/19/22
Marketplace

Why has it taken so long for savings account interest rates to start rising?

"Over the past few years, people fattened up their savings account balances with pandemic relief money, said Lauren Goodwin, an economist at New York Life Investments. So “banks have more deposits than they can find a home for.”" 

9/15/22
Profiles in Diversity Journal

Q&A New York Life Foundation's Heather Nesle talks Social Justice with PDJ

"...In the following Q&A, Heather Nesle discusses the addition of the social justice pillar in depth, and provides important context, background, and processes underlying the Foundation's grants and explains how this new pillar will increase its overall impact..." 

9/15/22
Profiles in Diversity Journal

Catherine L. Council, Vice President & Head of the DE&I Center for Awareness and Advocacy

"...In my career, I have had the unique opportunity to evolve and reinvent myself repeatedly, while working at New York Life for 28 years (and counting!). I started my career in technology as a trainee. I have had role models, mentors, and sponsors who have contributed to my growth throughout my career. I, in turn, was able to bring my passion for building relationships and helping others to my teams, peers, and mentees to help further their growth and development..." 

9/14/22
New York Amsterdam News

Suffer the children: COVID-19's impact on New York's youngest

"...Last year, to support the needs and address the magnitude of this crisis for Black and brown young people, New York Life Foundation partnered with Judi's House to develop a special childhood bereavement estimation model report on race and ethnicity which confirmed and illuminated the need for more bereavement support for young people of color. New York Life has also launched the Grief-Sensitive Schools Initiative which aims to better equip educators and other school personnel to support grieving students, and supports Tuesday's Children which builds the capacity of youth-serving community providers to support children in the U.S. who have lost a parent or primary caregiver in the pandemic..." 

9/8/22
International Business Times

Stocks Recover From Early Drop After Investors’ Inflation Concerns Tempered

"...'Recession risk is rising and we have been moving more defensive in our portfolios as a result,' Lauren Goodwin, economist and portfolio strategist at New York Life Investments, said in a note to clients. 'However, high inflation means that traditional 'risk off' strategies such as cash and government bonds can create a drag on total return'..."

9/7/22
CNBC

Stock Futures Are Little Changed After Wednesday's Rebound Rally

"...'Recession risk is rising and we have been moving more defensive in our portfolios as a result. However, high inflation means that traditional 'risk off' strategies such as cash and government bonds can create a drag on total return,' Lauren Goodwin, economist and portfolio strategist at New York Life Investments, said in a note to clients. 'We are fully invested in our portfolios, using selective bets within that overall neutral-risk position to build resilience against volatility and inflation. In our equity sleeve, this includes a strong overweight to value equity and dividend payers,' Goodwin added..."

9/6/22
Financial Advisor Magazine

How To Talk To Clients About The Recession

"...Or, as Dylan Huang, senior vice president and head of retirement and wealth management solutions at New York Life in New York City, put it, 'We can't predict, but we can plan.' Advisors, he said, should 'help clients understand and define their risk tolerance and incorporate protection solutions that both guard against a challenging market environment and set them up to prosper when conditions improve. One good thing about the financial services industry is that we have a tool for every financial need'..."

9/1/22
Long Island Press

New York Life Insurance Maintains People-first Work Culture

New York Life Insurance strives to always keep humanity at the forefront of all corporate decisions and actions.“We sell something from the life insurance standpoint that is intangible,” says Frank Boccio, chief operating office of the company’s Long Island General Office. “For someone to act and purchase a policy, we would refer to it as the ultimate love letter.”

8/25/22
Think Advisor

War, Inflation and Retirement: How Could Current Events Shape Long-Term Plans?

Amid ongoing uncertainty about the economy, war in Europe and continued inflation, Americans are taking a closer look at their financial plans.  In a recent survey by New York Life, three-quarters of respondents said inflation had affected either their short- or long-term financial strategies, and 89% said they were concerned about a potential recession. 

8/25/22
Insurance News Net

Flight to safety propels New York Life, others to top of annuity hill.

"New York Life recently appointed Senior Vice President Todd Taylor as head of retail annuities. Taylor pointed to the insurer's strong distribution system, which includes a career agency, strong broker-dealer network and partnership with Fidelity Investments, as driving its strong annuity sales. Likewise, a triple A financial strength rating is a boost in a shaky economy, he added."

8/24/22
PoliticsNY

Kathleen Navarro named to AMNY/PoliticsNY Power Women list.

"...Kathleen Navarro is senior vice president, head of talent management, and chief diversity officer at New York Life, leading the company's integrated talent management and DE&I strategies. Ms. Navarro joined New York Life in 1994 and holds an M.B.A. from Baruch College Zicklin School of Business, a B.S. from New York University Stern School of Business, and a certification in Building and Leading Diverse Organizations from the Harvard Kennedy School Executive Education. She sits on the board of the National Diversity Council..."

8/22/22
KTUL

Grief center to provide support for students after receiving $100,000 grant

“Acknowledging the long-term impact of the pandemic on students and teachers led us to dedicate funding to bereavement support for school communities. Now more than ever, we are committed to addressing the gap in grief support in schools through these grants and our Grief-Sensitive Schools Initiative,” said Maria Collins, vice president, New York Life Foundation.

8/17/22
Morningstar

Savers Urged to Get Advice as Inflation Passes 10% Milestone

"... Jamie Niven, senior fund manager, Candriam 'Higher than expected inflation will drive home how stark a crisis the UK now faces. Headline CPI already above 10% months before the peak is expected should cause concern that the Bank's forecasts could be revised up again. Given their indication of data dependency this will likely cause markets to reassess higher their potential hiking path. The Bank is stuck between a rock and a hard place as further tightening is almost certainly set to cause a deeper recession, with consumers squeezed even more. This may be offset somewhat by government handouts, which ironically could add to the inflation problem'..."

8/16/22
AltAssets

Newly-created NY Life Insurance investing arm Apogem kicks things off with $614m secondary fund close

"Recently created New York Life Insurance Company subsidiary Apogem Capital has beaten its target for a new secondaries fundraise by hauling in $614m for a final close..."

8/15/22
CIODive

New York Life modernization tackles data interaction, integration

New York Life, the largest mutual life insurance company in the U.S., is in the midst of ongoing modernization efforts that have included successfully implementing a cloud-based Salesforce CRM that delivers AI-powered insights to its agents, according to Alex Cook, senior VP and head of strategic capabilities for the company.

8/12/22
New York Law Journal

New York Law Journal Announces Its 2022 Rising Stars

"...The Law Journal is excited to congratulate our winners for 2022:...Cheryl James, vice president and associate general counsel, New York Life..."

8/8/22
New York Times

Pause in the Storm: U.S.-Stock Funds Rose 8.9% in July

"...Lauren Goodwin, economist and portfolio strategist at New York Life Investments, said, 'On the face of it, there's not much to be happy about in the economy right now. The Fed just delivered another [0.75-point] hike, GDP contracted two quarters in a row, and so far this earnings season corporate guidance has been mixed.' So why did the market rally in July? The logic, said Ms. Goodwin, is that if the economy is slowing, 'then inflation may become less of a concern and the Fed can slow its policy-hiking roll'..."

8/5/22
Fortune

Inflation has the average American taking $100 out of savings every month

"...On average, Americans withdrew around $617 from their savings account from the beginning of January through the end of June 2022 to cover everyday costs like groceries and gas bills, according to New York Life's Wealth Watch Survey..."

8/2/22
ThinkAdvisor

As financial confidence ebbs, Americans tap savings to cover everyday costs.

"..."The financial picture for many Americans has changed significantly since the start of the year, and we're seeing the positive expectations many Americans held about their finances heading into 2022 start to fade," Aaron Ball, head of insurance solutions, service and marketing at New York Life, said in a statement..."

7/29/22
New York Times

The S&P 500 is about to have its best month since November 2020.

"...I am not as sanguine as the market seems to be," said Lauren Goodwin, an economist at New York Life Investments. "But running for the hills when inflation is so high is just a drag on returns. We have to stay invested."..."

7/28/22
CNBC

Stock futures rise after strong Apple, Amazon reports as Wall Street heads for winning week

“The market is taking on a hope that slowing economic growth is going to result in a more dovish Fed moving forward, even if it’s a little further out. So it would make sense to me that weaker rates expectations moving forward would result in a little buoyancy in the equity markets,” said Lauren Goodwin, economist and portfolio strategist of New York Life Investments.

7/27/22
Seramount

How New York Life is supporting multicultural women

"...New York Life has seven Employee Resource Groups that are open for participation by all employees. In particular, the Asian Pacific Circle (APC), BOLD (Black Organization for Leadership and Development), LEAD (Latinos for Excellence, Advancement, and Development), and The Women's Initiative focus on people of color and women. By participating in these groups, all employees, including women of color, have the opportunity to network, participate in development events, and volunteer for the group's leadership teams to further their leadership skills."

7/22/22
Marketwatch

Will the Federal Reserve snuff out a stock-market bounce? What investors will be watching.

"...'I expect we will continue to see market volatility until investors see more compelling evidence that this period of Fed hawkishness is behind us, and I don't expect that to be the message' when central bankers close a two-day meeting on July 27, he said. Lauren Goodwin, economist and portfolio strategist at New York Life Investments, in a telephone interview..."

7/15/22
Wall Street Journal

Investors Pour Cash Into Higher-Yielding Fixed Annuities

“It is a huge influx of money,” said Todd Taylor, head of retail annuities at New York Life Insurance Co. At the 177-year-old company, sales of fixed-rate deferred annuities, a basic version of the product, roughly doubled in the first half of this year and are close to crossing the company’s full-year record this month, he said. New York Life doesn’t release specific sales figures.

7/12/22
DataIQ

The Most Influential People in Data: Glenn Hofmann, chief analytics officer, New York Life Insurance Company

"By far, my current role as chief analytics officer at New York Life has been the most rewarding. I have benefitted incredibly from the strong support at New York Life to build a high functioning data science team from the ground up that now operates at scale. Our team, New York Life’s Center for Data Science and Artificial Intelligence, helps in making real-time decisions in key areas of the company through our novel machine learning models."

7/8/22
BNN Bloomberg

Strong jobs data signals more hawkishness from central banks: Lauren Goodwin

"...Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to discuss how a strong economy could have a negative effect on the stock market. Goodwin advises investors to remain invested in the equities market even as recession fears increase..."

7/07/22
KSLA

Shreveport Youth Boxing Club gets $25,000 community impact grant

Funds from New York Life will be used to help train youths and for those working toward getting to the Junior Olympics. Shreveport Youth Boxing Club received a special gift Wednesday, July 6. New York Life donated a $25,000 community impact grant.

7/05/22
Debugger Medium

Social Impact Heroes: Why & How Sallie Lynch of Tuesday's Children Is Helping To Change Our World

"...Sally Lynch has secured significant institutional funding for expansive projects to address traumatic loss and build community resilience, including recent multiyear grants from the Department of Homeland Security, the New York Life Foundation and the Brave of Heart Fund in response to terrorism and targeted violence and the COVID-19 pandemic..."

7/03/22
CNN

Healthcare stocks may keep your portfolio from needing a checkup

"...Lauren Goodwin, an economist and portfolio strategist at New York Life Investments, added in a report that 'as long as economic growth remains in flux,' investors should stick with quality stocks with 'a defensive bent.' She specifically cited healthcare, as well as utilities and real estate, two other sectors known for big dividends..."

6/27/22
Insurance Investor

How insurance investors can tackle ESG data and reporting challenges

Kroum Sourov, ESG Sovereign Investments & Research at Candriam, explores how insurance investors can find commonality in ESG data reporting

6/24/22
Think Advisor

Warn Clients About Long-Term Care Costs Early: Jeff Beligotti

New York Life has managed to stay in the LTCI market during a period when low returns on investment portfolios, soft sales, and problems with forecasting policyholder behavior have chased many competitors away.

6/23/22
Kiplinger

Stock Market Today: Market Moves Mostly Sideways in Quiet Session

"This week is a relatively slow one for economic data," says Lauren Goodwin, economist and portfolio strategist at New York Life Investments, "but we expect market volatility to continue as investors wait for signs that inflation and interest rates will stabilize."

6/20/22
National Review

Inflation, and America's Mood, Are Likely to Be Worse By November

...What's more, one-third of consumers are putting less money into their emergency fund, according to a report from New York Life Insurance, with the average monthly contribution falling by $243...

6/16/22
Human Resources Director

100 remote-working LGBTQ companies that are driving real change

Working flexibility isn’t just a nice perk anymore, it’s an employee demand – as is a commitment to diversity and LGBTQ. In honor of Pride Month, FlexJobs uncovered the top 100 remote-working companies that’re authentically committed to supporting LGBTQ employees and New  York Life was featured on the list.

6/14/22
ETF Prime podcast

New York Life’s Wendy Wong on Dual Impact ETFs

Wendy Wong, Head of Sustainable Investment Partnerships at New York Life Investments, spotlights their IQ Dual Impact Suite of ETFs and outlines the case for sustainable investing.

6/14/22
Insure.com

Father’s Day Index 2022: Dad’s salary continues to increase

It’s never too soon to think about life insurance, says Amanda Kuhl, vice president and actuary, life products, at New York Life. “However, big life events like getting married, buying a home, having children, or changing professions are common moments for fathers to consider life insurance,” Kuhl says.

Winter/Spring  2022
Hispanic Career World

Spotlight on Veterans: Leveraging Post-Military Success

U.S. Air Force (USAF) veteran Franklin Asenjo, Jr. is corporate vice president, network architect, and engineering team at New York Life, and the lead network transport architect responsible for the company’s data center, cloud computing, and enterprise network services. “Developing the architectural frameworks, standards, designs and implementation plans for two next-generation data centers as part of that company’s consolidation efforts - combining 40 smaller regional mainframe data centers into two centralized facilities - provided me with a solid foundation on which to build my current technological architectural practice,” Frank states.

6/13/22
DataFramed Podcast

Building a Holistic Data Science Function at New York Life Insurance

"...When many people talk about leading effective Data Science teams in large organizations, it’s easy for them to forget how much effort, intentionality, vision, and leadership are involved in the process. Glenn Hofmann, Chief Analytics Officer at New York Life Insurance, is no stranger to that work. With over 20 years of global leadership experience in data, analytics, and AI that spans the US, Germany, and South Africa, Glenn knows firsthand what it takes to build an effective data science function within a large organization. In this episode, we talk about how he built New York Life Insurance’s 50-person data science and AI function, how they utilize skillsets to offer different career paths for data scientists, building relationships across the organization, and so much more..."

6/8/22
Savoy Network

New York Life Appoints Wykeeta Peel to Lead African American Market Unit

"...'The AAMU continues to play a major role in the success and growth of New York Life's field force,' said Mark Madgett, New York Life's Head of Agency. 'Building on the AAMU's momentum is vital and in Wykeeta we have a proven leader who has a keen understanding of the financial issues most relevant to the Black community. She also brings insights gained from her work as a core member of our Social Justice Steering Committee over the past 18 mo.

6/8/22
Bloomberg

Traditional risk-off strategies can drag on portfolios during inflationary periods: Strategist.

Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to share her portfolio strategy amid runaway inflation and slowing economic growth. Goodwin notes traditional risk-off plays like cash and core bonds are not valuable when inflation remains high and recession risk low in the short term. She likes defensive sectors like healthcare, utilities and infrastructure.

6/7/22
CBS News

What is a Roth IRA, and how does it work?

"...Preparing for a successful retirement can be a decades-long effort - and it's not always an easy one, either. In a recent survey by New York Life, just 31% of U.S. adults reported feeling confident that their retirement savings will last the rest of their life..."

6/1/22
Philanthropy New York

The New York Life Foundation provides a $2m boost for students attending two prominent Historically Black Universities.

"...Heather Nesle, President of the New York Life Foundation, said: 'This partnership aligns with our efforts to support educational enhancement opportunities for diverse students and bereavement support for school communities. Our intention with this funding is to create brighter futures for these students and for generations to come.'..."

5/30/22
The Motley Fool

Only 31% of U.S. Adults Are Confident Their Retirement Savings Will Last

"...But in a recent New York Life survey, only 31% of respondents said they're very confident that their savings will last throughout retirement. Worse yet, only 21% of baby boomers expressed a lot of confidence in their savings lasting." 

5/26/22
Insurance Innovation Reporter’s “Life Accelerated” podcast
Why Data Is the North Star at New York Life

"...It would be hard to find a more authoritative speaker on strategy than Alex Cook, given his career experience and the range of his responsibilities. I found myself reflecting on his reference to the innovator's dilemma, where the habits of success can leave a company defenseless to technology disruptors. That's not the case at New York Life, which strikes a carefully calibrated balance between the tried and true and the innovative." 

5/20/22
CNBC

Emergency savings take a hit as households adjust their finances amid high inflation, study shows

 “While it is concerning that the increased costs of everyday goods and regular expenses may deflate a necessary financial cushion, this environment means households are making calculated decisions about how to adjust their financial strategy in the way that makes the most sense for them,' said Dylan Huang, head of Retirement & Wealth Management Solutions for New York Life."

5/19/22
Digital Insurance

Nine insurers make Forbes’ Best Employers for Diversity list

 “New York Life’s commitment to diversity, equity and inclusion is ingrained in who we are and how we operate… This commitment is core to the company."

5/13/22
Mental Health America

Mental Health America receives $500K grant from the Brave of Heart Fund to address emotional well-being of health care workers

“MHA is thrilled to work on such an important project,” said Schroeder Stribling, president and CEO of Mental Health America. “Our health care workers have been under considerable strain and stress for decades; the COVID-19 pandemic pushed that stress to unsustainable levels. 

5/5/22
Bloomberg

Investors Discuss How ESG Changes Capital Markets: ESG Update

Naim Abou-Jaoude, the CEO of Candriam, said that “companies embedding ESG are creating long-term value.”  Candriam also considers so-called double materiality in its models, Abou-Jaoude said, meaning it looks not only at how ESG risk affects assets, but how an asset impacts its environment. 

5/4/22
Diversity Journal

Victor Verastegui was named a Latino Leader Worth Watching for 2022

“Help the next generation of leaders reach their 'dare to dream potential” - Victor Verastegui.

4/24/22
The74million.org

The Children Left Behind By 1 Million U.S. COVID Deaths

One positive result that has come of the pandemic, said the expert, is that far more educators have become attuned to the needs of grieving students. In a 2020 survey conducted by the New York Life Foundation and the American Federation of Teachers, three-quarters of educators reported that COVID has opened their eyes to the immense impact of grief and loss.

4/22/22
Senior Executive

Insight from New York Life's 15-Year-Old Diversity and Inclusion Commitment

“We formed our Office of Diversity and Inclusion in 2006. And I am the company’s fourth chief diversity officer,” says Kathleen Navarro. In addition to running the company’s diversity initiative, Navarro is also the insurer’s head of talent management. “It’s embedded in our leadership profile,” Navarro says of D&I. “It’s core to everything we do.”

4/21/22
BNN Bloomberg
Companies' ability to pass on higher prices to consumers won't last forever: Strategist

Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to discuss markets as U.S. airlines beat earnings estimates. Goodwin notes that despite higher prices, people are eager to travel. However, she warns that it will be impossible for any company to continue passing the burden of inflation to consumers.

4/20/22
Think Avisor
Onetime Summer Intern Takes Over as New York Life CEO

"Our historic period of growth under Ted's (Mathas) leadership capitalized on our mutuality, superior financial strength, unrivaled career agency system and our outstanding, diverse team of dedicated agents and employees" - Craig L. DeSanto,  CEO,  New York LIife.

4/15/22
The Street
Digital Solutions & Human Guidance: Have Your Cake and Eat It, Too

While the draw of robo advisers can be alluring, there are some things that an app simply can’t do. So, how do you know when to turn to a robo-solution compared to live, human guidance from a trained and qualified expert? This is a great opportunity to balance the best of both worlds. - Dylan Huang,Senior Vice President and Head of Retirement and Wealth Management Solutions.

4/13/22
Barrons
Should You Buy the New Annuities in Your 401(k)? What to Consider

These insurance contracts that promise lifetime income have been cropping up alongside and within conventional funds in employee retirement plans since 2019, when legislation known as the Secure Act passed. They are meant to help employees in 401(k) and 403(b) plans achieve the stable returns of traditional pensions—and address the persistent fear that Americans will run out of income in retirement. (registration required)

4/12/22
Education Week
Students Need More Support From Schools When a Caregiver Dies

The New York Life Foundation, which tracks child bereavement through a partnership with Judi’s House/JAG Institute, found that after the first year of the pandemic, the number of children who lost a parent or sibling before age 18 jumped from 1 in 14 to 1 in 13.

4/7/22
Plan Sponsor
Investment Product and Service Launches: Apogem

New York Life Investments has announced Apogem Capital as the new brand for its dedicated private markets alternatives boutique, bringing together the capabilities and investment teams of GoldPoint Partners, Madison Capital Funding and PA Capital. 

3/4/2022
CNBC
Dow futures drop 300 points as investors weigh Ukraine developments, await key jobs report

"...'I think because we saw Powell say, uncharacteristically frankly, specifically say that he planned to support a 25-basis point hike, that speculative thinking may be a little bit more anchored at a 25-basis point hike even if we do see a stronger-than-expected report tomorrow,' said Lauren Goodwin, economist and portfolio strategist at New York Life Investments..."

2/23/2022
Washington Post
Dow drops 465 points, S&P 500 slides deeper into correction territory

Lauren Goodwin, director of portfolio strategy at New York Life Investments, said major external events such as the crisis in Ukraine tend to 'reinforce preexisting trends' more than they change the tenor of the market.

2/22/2022
REBusiness Online
New York Life Provides $55M Permanent Loan for Industrial Property in Stratford, Connecticut

New York Life Real Estate Investors has provided a $55 million permanent loan for an industrial property in Stratford, located in the southern coastal part of the state, that is leased to FedEx.

2/21/2022
MarketWatch
Will Fed rate hikes crush the stock market? Here's why speed matters

"The market's pricing of an aggressive rate-hike scenario appears reasonable given the inflation picture," said Lauren Goodwin, economist and portfolio strategist at New York Life Investments.

2/10/2022
Debt.com
Financial Damage From COVID Is a Wake-Up Call for Younger Americans

'We see younger generations are beginning to understand the importance of building a sound financial strategy early,' said Aaron Ball, a New York Life VP. 'Even if they don't know exactly where to start, the new year provides an opportunity to revisit their goals and priorities.'

2/10/2022
BnnBloomberg.com
 U.S. CPI data shows inflationary pressures are broadening: Strategist

Lauren Goodwin, portfolio strategist at New York Life Investments, joins BNN Bloomberg to discuss CPI data out of the U.S.  She notes the main contributors to the hotter than expected numbers were electricity, shelter and food. 

12/09/2021
New York Times
Children, Coping With Loss, Are Pandemic’s ‘Forgotten Grievers’

Both are funded by the New York Life Foundation, which also backs the Covid Collaborative and has created a website, grievingstudents.org, to provide information for educators as part of its “grief-sensitive schools” initiative, which predates the pandemic. The vice president of the foundation, Maria Collins, says many of its programs have waiting lists.

“It’s known in this field that the young person is the forgotten griever,” she said, adding that the foundation was open to working with the federal government and would be “eager to provide tangible support, financial and otherwise, for Covid-bereaved children.” (subscription required)

11/12/2021
Wall Street Journal
Chairman and CEO Ted Mathas speaks to The Wall Street Journal

Mathas explains how New York Life offers a wide range of services and support to help its agency force succeed. He also discusses how people are re-evaluating what they want to do with their lives due to the pandemic and looking for careers that have greater purpose—which aligns with the role of life insurance professionals who deliver financial peace of mind to people in communities across America.

3/9/2021
NYL Investors

Martin King shares his journey, passion, advice, and perspectives as he reflects on his career

“People are drawn to an organization that puts people first, and our clients and policy owners, they come first. If those things matter to you, then you’re attracted to New York Life, where values matter.”

Go back to our newsroom to read more stories.

 

Media contact
Jacqueline Meere
New York Life Insurance Company
(212) 576-5301
Jacqueline_Meere@newyorklife.com